安踏136天存货周转承压李宁净利润三连降

新京报2025-09-03

四大国产运动品牌2025年上半年业绩出炉，呈现分化格局。安踏体育营收385.44亿元、归母净利润70.31亿元，稳居行业首位，但净利润同比下降8.9%，存货周转天数升至136天，库存压力显现。李宁虽以61天存货周转效率保持领先，但净利润已连续三年下滑，今年上半年同比下降11.0%至17.37亿元。受益跑鞋专业化战略，特步归母净利润增长21.5%，增速居四家之首。361度营收57.05亿元，同比增长...

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安踏136天存货周转承压 李宁净利润三连降

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安踏136天存货周转承压李宁净利润三连降